CryptoGames Establishes Corporate Venture CG Ventures, Focusing on Web3 and Card Game Sector
CryptoGames announced the establishment of its corporate venture capital arm, CG Ventures, with plans to increase investment in the Web3 and trading card sectors.
It is reported that CryptoGames has previously invested in 17 companies in the Web3 field and will further expand into trading card-related projects. CG Ventures will focus on investing in Web3 and card projects that have synergies with CryptoGames' business, primarily targeting early and seed-stage projects, with a focus on direct equity investments. In 2019, CryptoGames launched the blockchain card game "CryptoSpells" and raised a then-record 900 ETH in Japan through crowdfunding. Subsequently, the company also launched the Oasys-based "TCG Verse" and the NFT card store "TCG STORE".
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